(VIANEWS) – SALMAR (SALM.OL), PROTECTOR FORSIKRG (PROT.OL), NORBIT (NORBT.OL) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. SALMAR (SALM.OL)
41.5% sales growth and 6.75% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
Earnings Per Share
As for profitability, SALMAR has a trailing twelve months EPS of kr6.7.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 75.52. Meaning, the purchaser of the share is investing kr75.52 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.75%.
More news about SALMAR.
2. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.15.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.51. Meaning, the purchaser of the share is investing kr11.51 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.86%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
PROTECTOR FORSIKRG’s EBITDA is 1.85.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 90.5% and a drop 53.4% for the next.
Volume
Today’s last reported volume for PROTECTOR FORSIKRG is 64533 which is 23.49% below its average volume of 84346.
Sales Growth
PROTECTOR FORSIKRG’s sales growth for the next quarter is 15.2%.
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3. NORBIT (NORBT.OL)
9.7% sales growth and 27.5% return on equity
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr2.9.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 22.14. Meaning, the purchaser of the share is investing kr22.14 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 27.5%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 1.41B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 145% and 1.5%, respectively.
Volume
Today’s last reported volume for NORBIT is 8524 which is 80.21% below its average volume of 43084.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NORBIT’s EBITDA is 2.95.
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4. JÆREN SPAREBANK (JAREN.OL)
6.2% sales growth and 9.2% return on equity
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr22.5.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.11. Meaning, the purchaser of the share is investing kr11.11 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.2%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 15.1% and a drop 1% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.3%.
Sales Growth
JÆREN SPAREBANK’s sales growth is negative 8.8% for the ongoing quarter and 6.2% for the next.
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5. MAREL (MAREL.AS)
5.5% sales growth and 4.51% return on equity
Marel hf. develops, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment supplies primary, secondary, and further processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. Its Plant, pet and feed segment provides solutions and services to the pet food, plant-based protein, and aqua feed markets. Marel hf. was founded in 1977 and is based in Garðabær, Iceland.
Earnings Per Share
As for profitability, MAREL has a trailing twelve months EPS of €0.05.
PE Ratio
MAREL has a trailing twelve months price to earnings ratio of 65.4. Meaning, the purchaser of the share is investing €65.4 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.4%, now sitting on 1.78B for the twelve trailing months.
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